Original Debt (December 14, 2012): $102,645
Current Debt (17 months later): $94,235
My debt has decreased by $1,080 since last month! An overall reduction of $8,410 in 17 months. I’m now at 8.19% of my debt payoff goal.
DEBT BREAKDOWN
Federal Student Loans $58,091 $58,294 (up $203 since last month, an overall $2,394 increase over 17 months)
Private Student Loans $36,459 $35,941 (down $518 since last month, an overall decrease of $4,680 in 17 months)
- StudentLoan#1:
$4,835$4,619 (down $216 since last month, an overall decrease of $2,541 in the past 17 months) - StudentLoan#2:
$10,599$10,583 (down $16 since last month, an overall decrease of $617 in 17 months) - StudentLoan#3:
$17,220$17,207 (down $13 since last month, an overall decrease of $1,033 in 17 months) - StudentLoan#4:
$3,805
I’m really kicking myself for mistakenly putting a lot towards StudentLoan#4 instead of StudentLoan#1.
US Bank Credit Card $765 $0 (down $765 since last month, down $4,657 in 17 months, total interest paid in 17 months: $350) GONE. DONE! As you can see, I put a lot towards it this past month, but I just wanted it gone so I can throw all of my income at my pesky student loans.
I’m making progress! Woohoo!
Congrats on getting your credit card paid off. Now you’ll have more to work with to get that student loan out of the way!!!
Thanks Joshua! That’s definitely the plan!
You are doing SUCH A great job with your debt!! Keep it up 🙂
Thanks Michelle! That’s definitely the plan. 🙂
You go girl! Congrats on getting the credit card debt GONE!
Thanks DD! It’s definitely a little weight off my shoulders.
Congratulations! I love watching my debt go down. It’smuch more fun that racking up debt!
Haha, thanks Victoria! Watching debt accumulate is no fun at all!
Woo hoo, way to go! You’re doing such a great job killing your debt!
I think it’s awesome that you’re tacking your student loan debt head-on! It’s all downhill from here!